FirmaIQ
Org.nr 912 808 297 2011 → 2012 Year-over-year analysis

ADOLF HORNELAND AS: årsregnskap 2012 vs 2011

Weaker earnings

approved 2013-02-26; registry 2013-03-07; journal 2013 310936

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADOLF HORNELAND AS. Revenue 619.9k NOK → 623.3k NOK (+0.5%). Net result +651.6k NOK → +343.6k NOK. Equity 4.69m NOK → 4.78m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADOLF HORNELAND AS.

At a glance

Scorecard

Revenue
619.9k NOK 623.3k NOK
+0.5%
Operating result
+379.6k NOK +156.0k NOK
-58.9%
Net result
+651.6k NOK +343.6k NOK
-47.3%
Equity
4.69m NOK 4.78m NOK
+2.0%
Cash
339.9k NOK 654.7k NOK
+92.6%
Total assets
6.22m NOK 6.47m NOK
+4.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 619.9k NOK to 623.3k NOK (+0.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.69m NOK → 4.78m NOK (equity ratio 75.3% → 73.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 339.9k NOK → 654.7k NOK (+92.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +379.6k NOK → +156.0k NOK (op. margin 61.2% → 25.0%). Calculated

  • ↓

    Net result weakened

    Net result +651.6k NOK → +343.6k NOK (net margin 105.1% → 55.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 84.3k NOK → 99.9k NOK. Reported fact